Money Making Home Improvement Business with Incredible Home Compound in High-Demand Location in Ojochal Costa Rica

  • $1,699,000
Puntarenas Province, Ojochal, Costa Rica
  • Hotels/B&B/Cabins, Home, Multi-Family, Commercial
  • Property Type
  • 4
  • Bedrooms
  • 5
  • Bathrooms
  • 137
  • 7000
  • Lot m²
For Sale
Money Making Home Improvement Business with Incredible Home Compound in High-Demand Location in Ojochal Costa Rica
Puntarenas Province, Ojochal, Costa Rica
  • $1,699,000

Description

A very successful and household-name 20% ROI business plus an iconic and luxurious Ojochal residence with room to build and expand (residential, commercial, or both)!This is an AMAZING 3-for-1 opportunity – especially for someone who is not yet settled in the charming and cosmopolitan Ojochal area. In one swoop you can be an owner of a landmark residence, plus the famous ‘PALMEX’, a very secure and successful company, plus take an opportunity to turn unused land (now a teak plantation) into a successful commercial business of your choosing.

For a sharp and savvy entrepreneur, this is an opportunity of a lifetime! The property is truly iconic – a huge area located in the most prestigious part of Ojochal, a town which has turned into a buzzing hub of tourism, business, leisure and expat living while retaining its stunning jungle atmosphere. It is here that you can enjoy a meal at one of many world-class restaurants and watch Macaws, Toucans and Monkeys frolic on nearby jungle trees while the mist-shrouded coastal mountains, towering over 1,000 meters over Ojochal, provide a surreal background. The property includes a residence, separate business offices with a rancho, 3 stunning self-contained cabins, resort styled pool, jacuzzi, wet/dry sauna, cardio gym, a covered 5-car carport, separate parking and loading area for work trucks, numerous BBQ and relaxation areas and plenty of space to construct additional cabins or other structures – residential or commercial in nature. All current structures are connected by concrete walkways.

And the compound is very safe and secure – quality electrified fencing, an alarm system and numerous security cameras will provide you with ease of mind. The residence carries a warm ambiance due to the timber construction and matching floor tiles. It includes a very large kitchen with plenty of counter and cupboard space and a HUGE living area with a dining table and wrap-around couch and seating – the open concept design adding to the feeling of spaciousness. The master bedroom is equally impressive as it combines the sleeping area with a TV lounge and library. Connected to the master bedroom is a large home office. Each of the three existing 2-level cabins is self-contained with a bathroom, fully sized and outfitted kitchen, and dining area. Outdoor verandas, floor-to-ceiling timber construction and the A frame design create a truly rustic and romantic atmosphere.  The cabins can be used as guest suites or rented out as short- or long-term accommodation. A 5-car covered carport, located adjacent to the residence, provides an easy, safe, secure and dry access. A resort-style outdoor pool with a covered deck area and jacuzzi, together with the wet/dry sauna, will offer plenty of relaxation opportunities. Numerous lounges, umbrellas and BBQ areas are scattered around the property – you may also wish to unwind in a hammock hut, surrounded by tropical plants, fruit trees and jungle sounds. Colorful outdoor murals, depicting local plants and wildlife, add to the laid-back atmosphere. Exercise options abound as well – a covered cardio gym, which includes stationary bikes, rowing machines and other equipment, is attached to the residence. A big exercise session, followed by a sauna and concluded by a dip in the cool waters of the resort-style pool – how does that sound? Included in this offer is a very successful business – PALMEX distributor.

This company is well known around the world and Costa Rica is no exception. Most people here have heard of the PALMEX thatched roofing products, and many are satisfied customers – in fact, the roof of RE/MAX We Sell Paradise office is itself covered with PALMEX palapa. And the numbers surely do reflect the above – with a 20% manual ROI, an established supply line from the Canadian factory and a monopoly over the Costa Rican territory, this is the only PALMEX supplier/installer authorized to operate here. The PALMEX office, workshop and warehouse complex are located right next to the residence – the complex straddles the main road and includes plenty of street-facing parking for business vehicles and large trucks. The complex includes its own kitchen, living area and bathrooms.  The nearby hill is ready and waiting for development – you can construct a guest house with a swimming pool, a sun or yoga deck, a garden or orchard, or turn the hill into a natural jungle oasis.

Commercial options are also available – additional cabins and other accommodation types would do very well in this part of Ojochal which currently attracts plenty of tourists – as evidenced by scores of nearby restaurants, shops, cafes, hotels and cabins, yoga and fitness centers, and various types of tourism businesses. Or how about bringing to life a brand-new sport or leisure facility, a café, or a restaurant? You are only limited by your imagination! If you wish to create a commercial enterprise on the hill you have the options of making it totally self-contained as a separate vehicle and pedestrian access can be designed. The area could then be fenced off from the main property, creating a completely split commercial-use lot. Are you the kind of professional who is ready to go from ‘0’ to ‘100’ in under 3 seconds? This is the PERFECT opportunity! A residence, established and successful business, and the option to develop a brand-new income stream on the adjacent hill – ARE YOU READY?

Details

  • Property ID: 17659
  • Price: $1,699,000
  • House Size: 137 m²
  • Land Size: 7000 m²
  • Bedrooms: 4
  • Bathrooms: 5
  • Year Built: 2020
  • Property Type: Hotels/B&B/Cabins, Home, Multi-Family, Commercial
  • Property Status: For Sale
  • Pool: Yes - private
  • View: Mountains, Jungle/Forest
  • Interior Features: Tile Floors
  • Building Type: Concrete Block with Stucco, Wood
  • Outdoor Space Features: Patio/Terraza, Rancho/Outdoor Kitchen
  • Lot/Garden/Land Features: Landscaped
  • Location Features: 2-Wheel Drive Access
  • Drinking Water: AyA or ASADA - Legal Source
  • Septic/Sewer: Septic System
  • Internet: Fiber/Cable, Cellular/Mobile
  • Roof: Metal
  • Air Conditioning: None
  • Electrical Service: Utility Grid Connected- ICE
  • Appliances: Ceiling Fans
  • Elevation (approx) feet: 100
  • Floors: 1-Story
  • Agent MLS #: rmwswp-hm-1122
  • City/Town Ojochal
  • Province Puntarenas

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Chris Schauer
  • Chris Schauer